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The following dashboard shows a company's depreciation expense for machinery over its 5-year useful life. The machinery is purchased for $10,000 on January 1 of
The following dashboard shows a company's depreciation expense for machinery over its 5-year useful life. The machinery is purchased for $10,000 on January 1 of Year 1, it has a useful life of 5 years (or 36,000 units), and has a $1,000 salvage value. $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 $1,800 $1,750 Year 1 $1,800 $2,000 Year 2 $2,400 $1,800 $2,250 Year 3 $1,440 $1,800 $1,750 Year 4 $864 $1,800 $1,250 Year 5 $296
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